NVR - Here's Why Homebuilder Stocks Should Outperform the Market Over the Next Decade
2020 has been a great year for many homebuilder stocks. Even with the economy -- and millions of Americans -- still struggling from the coronavirus recession, home sales have surged this year. Some of the biggest winners include D.R. Horton (NYSE: DHI) , LGI Homes (NASDAQ: LGIH) , Meritage Homes (NYSE: MTH) , and NVR (NYSE: NVR) . However, since the announcement of positive results from two coronavirus vaccine candidates, investors have started selling their homebuilders, shifting their cash to laggards in other industries in anticipation of a post-COVID-19 recovery.
In the following video, from "The Wrap" on Motley Fool Live on Oct. 23, host Jason Hall, Motley Fool contributor Danny Vena, and Motley Fool analyst Jason Moser explain why the prospects for homebuilders should remain very strong for the next decade.
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Here's Why Homebuilder Stocks Should Outperform the Market Over the Next Decade